Question 1

How long does a bridge loan last in California?

Accepted Answer

Most bridge loans run 6 to 12 months. Some lenders extend to 24 months if the deal warrants it.

Question 2

Do I need to sell my Corcoran home first?

Accepted Answer

No — that's the point. You buy the new property first, then sell your existing home to pay off the bridge.

Question 3

What credit score do I need for a bridge loan?

Accepted Answer

Most lenders want 620 or higher. Strong equity can offset a lower score with some non-QM lenders.

Question 4

Are bridge loan rates higher than regular mortgages?

Accepted Answer

Yes, they are. Bridge loans are short-term and higher risk — rates reflect that. Rates vary by borrower profile and market conditions.

Question 5

Can I use a bridge loan on investment property in Kings County?

Accepted Answer

Yes. Bridge loans work on both owner-occupied and investment properties. Lender terms will differ by property type.

Bridge Loans in Corcoran, CA — Buy Before You Sell